According to Foresight News, the cryptocurrency market has experienced a significant liquidation event in the past 24 hours. Data from Coinglass reveals that a total of $108 million was liquidated across the network. This includes $84.09 million from long positions and $23.51 million from short positions. Bitcoin, the leading cryptocurrency, saw a liquidation of $23.51 million. Ethereum, the second-largest cryptocurrency by market capitalization, was not far behind with a liquidation of $21.74 million. This event underscores the volatility inherent in the cryptocurrency market.
Cryptocurrency Market Witnesses Liquidation Worth $108 Million in 24 Hours
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